Illinois

Illinois opens $40M Cannabis Social Equity Loan Program

Published

4 months ago

August 17, 2025

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Illinois opens $40M Cannabis Social Equity Loan Program

Illinois representatives presented a $ 40 million loan program aimed at helping licensed Cannabis operators related to historically weak communities that will receive stronger fastening into the growing industry. The initiative announced on Monday, the initiative will provide forgiven loans for manufacturers entitled to crafts, infusions, transporters and dispensaries for adults, in order to reduce financial barriers that have long hindered minorities and entrepreneurs oriented.

The program managed by the states is part of the broad commitment of Illinois to promoting social capital in its adjustable cannabis market. According to the loan structure, qualifying recipients can use funds for costs such as building facilities, equipment purchases and operating costs. The loans will be forgiven if the recipients meet the specific requirements and guidelines of efficiency, effectively turning support into a grant.

State leaders say financing is a direct response to the problems that the applicants for capital have faced capital, even after providing licenses. “This program guarantees that those who intended to benefit from legalization actually have resources to participate,” the officials noted. The cannabis industry in Illinois, which has created billions of sales after legalization, is criticized for slow progress in property and participation.

Applications for loans are expected to open in the coming weeks, and the funds are distributed by the licenses that meet the criteria of the program. These efforts stem from the previous rounds of financing of social capital, but are the largest uniform investments today in aligning game conditions for small and minorities belonging to cannabis.

Earning access to capital-resistant obstacles for new-Billinois participants hopes that the program will accelerate the creation of equity and will help them compete on the market where large, well-covered operators continue to prevail. Officials have issued a loan initiative of both long -term investments both in economic opportunities and a reinvestment of society.

Message Illinois opens $ 40 million. The loan program for social capital is $ $ appeared first further Retail Marijuana Retail Report – News and Information for Cannabis sellers.

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Related Topics:40M Cannabis Equity Illinois Loan opens Program Social social capital

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American Cannabis Coverage by State

Cannabis Sales Drift Lower in November – New Cannabis Ventures

Published

4 days ago

December 4, 2025

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Cannabis Sales Were Soft Again – New Cannabis Ventures

On December 4, 2025 at 1:13 PM

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s 15-state monthly cannabis sales data.

Cannabis sales fell 0.3% sequentially in November, which was up 3.0% on the day. In this review, we break down the results by state, starting with the western markets and then ending with the eastern markets. Overall, BDSA estimates sales in 15 markets totaled $1.80 billion in November, up 4.2 percent from a year ago, driven by strong growth in New York. BDSA updated its Illinois numbers after the state recently changed the way it counts sales.

Western markets

BDSA provides coverage for Arizona, California, Colorado, Nevada and Oregon. In November, the annual growth was negative in 4 provinces. In none of these states did daily growth fall sequentially.

Eastern markets

BDSA provides coverage for Florida, Illinois, Maryland, Massachusetts, Michigan, Missouri, New Jersey, New York, Ohio and Pennsylvania. Annual growth in November ranged from -25.3% in Illinois to +1,370.7% in New York, whose adult-use sales have been included by the BDSA since January but were first included a few months ago. Ohio began using adults in August, spurring growth. Note that Florida and Pennsylvania are medical markets only. Sequential growth was stable in most markets and negative in one market. Annual growth was negative in several markets and increased sharply in two states. We had been warning of a potential slowdown in Florida despite strong dispensary and unit volume growth due to competitive pressure, and it has now declined for three months this year.

For readers interested in a deeper look hemp markets in these fifteen states and more, including segmentation by additional product categories, brand and product details, longer history and segmentation by product attributes, learn how BDSA Solutions can give you access to actionable data and analytics.

Based in Houston, Alan leverages his experience as an online community founder 420 Investorthe first and still the largest due diligence platform focused on publicly traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. time New Cannabis Ventureshe is responsible for content development and strategic alliances. Before turning his attention to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst with more than two decades of research and portfolio management experience. A prolific writer, with over 650 articles published since 2007 Looking for Alphawhere he has 70,000 followers, Alan is a frequent speaker at industry conferences and frequent source Media including the NY Times, Wall Street Journal, Fox Business and Bloomberg TV. Contact Alan. Twitter: |: Facebook |: LinkedIn: |: El

In this article.

Arizona, bdsa, California, cannabis data analysis, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Jersey, New York, Ohio, Oregon, Pennsylvania

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Illinois Cannabis Data Change Suggests Much Lower Sales – New Cannabis Ventures

Published

3 weeks ago

November 14, 2025

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Illinois Cannabis Data Change Suggests Much Lower Sales – New Cannabis Ventures

November 13, 2025 at 5:13 p.m

Illinois released sales figures for several months today. The last time it published data, it was Cannabis for adults in May. The paper today explains that the reason for the missing data was the Metrc transition. “Sales tracking features in Metrc help retailers more accurately and reliably report actual sales, including all discounts and promotions at checkout. A close look at past data shows that some initial discount prices have been collected in previous months.”

Statewide adult cannabis sales rose 7.5% sequentially to $113.1 million in October, up 4.0% on the day. Annual growth was -20.5%. Here is a chart of adult sales over time:

After growing 106% in 2021, 13% in 2022 and 5% in 2023, annual sales for adults are set to grow 5.4% to $1.72 billion in 2024. So far in 2025, they have decreased by 9.9 percent.

There hasn’t been an update from the state on medical cannabis in a while. The state exempts the sale separately from its medical plan, and April issue showed that sales fell 1.6% sequentially to $19.7 million, down 13.2% year over year.

In this article.

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American Cannabis Coverage by State

Cannabis Sales Bounce Higher in October – New Cannabis Ventures

Published

1 month ago

November 7, 2025

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New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s 15-state monthly cannabis sales data.

Cannabis sales rose 3.4% sequentially in October, a 0.1% daily gain. In this review, we break down the results by state, starting with the western markets and then ending with the eastern markets. Overall, the BDSA estimates sales in 15 markets totaled $2.11 billion in October, up 5.8 percent from a year earlier. Excluding the big gain in New York, which I explain below, sales were down 2.7%. Note that BDSA has revised some data historically.

Western markets

BDSA provides coverage for Arizona, California, Colorado, Nevada and Oregon. In September, the annual growth was negative in 3 states. In four of these states, daily growth declined sequentially.

Eastern markets

BDSA provides coverage for Florida, Illinois, Maryland, Massachusetts, Michigan, Missouri, New Jersey, New York, Ohio and Pennsylvania. Annual growth in September ranged from -6.5% in New Jersey to +1,513.2% in New York, whose adult-use sales have been included by the BDSA since January but were first included a few months ago. Ohio began using adults in August, spurring growth. Note that Florida and Pennsylvania are medical markets only. Sequential growth was flat in most markets, helped by an extra day and negative in one market. Annual growth was negative in several markets and increased sharply in two states. We warned of a potential slowdown in Florida despite strong dispensary and unit volume growth due to competitive pressure, and it has now declined for two consecutive months.